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Accounting Information System of the Financial Institutions in Bangladesh: An Evaluation

The Bangladesh Accountant, October- December 2008

15 Pages Posted: 23 May 2011  

Sumon Das

Department of Management, University of Dhaka

Shilpi Das

Jagannath University

Date Written: December 1, 2008

Abstract

An effective accounting information system is essential to any organization’s long run success. Without a means of monitoring the events that occur, there would be no way determine how well the organization is performing. For this reason an attempt has been made in the present paper to evaluate the existing accounting information system (AIS) of the financial institutions in Bangladesh. To this end, a total of 91 responses were collected on a structured questionnaire from different sectors of financial institution. In combine, AIS is in the primitive stage i.e., there is no such well organized AIS in the financial institutions. They use computer generally for operating purposes. But the impact of computerized AIS is not significant. Data collection and data maintenance is more or less satisfactory, but little effort had been given in data management, data control and information generation. They should give more emphasis on internal control system, safeguarding of assets and information generation.

Suggested Citation

Das, Sumon and Das, Shilpi, Accounting Information System of the Financial Institutions in Bangladesh: An Evaluation (December 1, 2008). The Bangladesh Accountant, October- December 2008. Available at SSRN: https://ssrn.com/abstract=1849103

Sumon Das (Contact Author)

Department of Management, University of Dhaka ( email )

Faculty of Business Studies
Nilkhet,
Dhaka, 1000
Bangladesh

Shilpi Das

Jagannath University ( email )

9-10, Chittaranjan Avenue
Sadarghat, Dhaka
Bangladesh

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